Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$6,464,000$836,100
Remaining term (yrs)24.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.810%7.400%
Blended rate3.660%7.640%
1st payment$30,298.05$5,788.99
2nd payment$0.00$0.00
Taxes / mo$774.17$774.17
Insurance / mo$216.67$216.67
MI / mo$5,216.27$167.22
HOA / mo$0.00$0.00
Total monthly$36,505.15$6,947.04
Cash to close$0$92,900